Moderator Emeritus
Posts: 14,653
Registered: ‎12-30-2011
Re: How many cards
[ Edited ]

JonStur wrote:

You can 180 cards, doesn't matter if you're responsible. I would hold off with the AMEX everyone's recommending, your baddies are still too recent in my opinion.

Not certain on this, we had a report a few months ago about someone with 20ish cards, who closed several, and got a non-trivial FICO boost.


While I can't say this isn't YMMV, I don't think the "have as many cards as you want" is a good plan: I think if you're more than something akin to one standard deviation outside the national averages, expect to have a more significant look taken at your credit report by any lender's underwriting.  No different than showing a bureaucrat what they're expecting to see in my opinion.



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